pretty simple idea. if we gap down spx and we hold some new higher daily low early on, then break above premarket close by a significant margin, the index is a buy until gap is almost or all the way closed
volatility spike still expected by end of wed, thu morning
if we gap up and start to trade up, the higher targets can be used
volatility spike still expected by end of wed, thu morning
if we gap up and start to trade up, the higher targets can be used
Trade closed: target reached
first target overachieved take profit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.